Housing Market Forecast 2024 New Mexico. The median sale price of a home in new mexico sits at $367,538 as of november 2022. Explore new mexico real estate by zip codes.

In april, the mortgage giant said home prices will increase only 0.5% in 2024 and 2025, down sharply from its forecast in march, when it predicted prices would rise. The santa fe real estate market had 836 homes for sale in july 2024, a 5.7% increase compared to june 2024.